Difference between revisions of "ACT Assessing Low-Carbon Transition"
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|Indicator=Implementation;Technical operational implementation (ex-post); | |Indicator=Implementation;Technical operational implementation (ex-post); | ||
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− | |Goals mai= | + | |Goals mai=Use of ACT ratings globally by companies, policy makers and financial institutions to track climate actions progress towards low-carbon world. |
− | |Comments on indicators and goals= | + | |Comments on indicators and goals=a) Performance score from 1 (lowest) to 20 (highest) |
− | 1 | + | Indicators: targets; material investment, intangible investment, performance of products, management, suppliers, clients, policy engagement, business model. |
− | + | ||
− | + | b) Narrative score from E (lowest) to A (highest) | |
− | + | Indicators: business model & strategy; consistency & credibility; reputation; risk. | |
− | + | ||
+ | c) Trend score as either "+" for improving, "-" for worsening, and "=" for stable | ||
+ | Indicators: future change in emissions; business model & strategy; any other information compiled as part of score research. | ||
− | |||
− | |||
− | |||
− | |||
The highest possible score is therefore:"20,A,+" | The highest possible score is therefore:"20,A,+" | ||
+ | |||
+ | |||
+ | |||
+ | |How will goals be achieved=Independant and sustainable initiative, globally coordinated with local implementation groups. | ||
+ | |Have you changed or strenghtened your goals=N/A | ||
+ | |How are you tracking progress of your initiative=Tracked by ACT Secretariat: number of companies assessed; ACT ratings increase. | ||
|Available reporting=You can find overall descriptions and all the sector methodologies on | |Available reporting=You can find overall descriptions and all the sector methodologies on | ||
https://actproject.net/resources-2/ | https://actproject.net/resources-2/ | ||
|Related initiatives= | |Related initiatives= | ||
}} | }} |
Revision as of 11:37, 12 February 2020
General
Name of initiative | ACT - Assessing Low-Carbon Transition |
---|---|
LPAA initiative | No |
NAZCA Initiative | Yes |
Website address | https://actinitiative.org |
Related initiatives | |
Starting year | 2015 |
End year | |
Secretariat | Contacts:
All enquiry: info@actinitiative.org ADEME coordinator: Romain Poivet, e-mail: romain.poivet@ademe.fr, phone: +33 (0)2 41 20 74 04 CDP coordinator: Esther Stoakes, e-mail: esther.stoakes@cdp.net |
Organisational structure | A global Council advise the ACT Board including 7 colleges (repreenting the initiative key stakeholders). The Board oversee the Secretariat who coordinate the implementation of the initiative at global and local level. The implementation is lead by Technical Working Groups. |
Geographical coverage | Global |
Name of lead organisation | ACT |
Type of lead organisation | Other intergovernmental organization |
Location/Nationality of lead organisation | EU |
Description
Description | Five guiding questions lead to assess company’s alignment with the low-carbon transition to 2050:
1- What is the company planning to do? 2- How is the company planning to get there? 3- What is the company doing at present? 4- What has the company done in the recent past? 5- How do all of these plans and actions fit together? The resulting ACT rating including a performance score, narrative score and trend score, is key to understanding how ready a business is to transition to a low-carbon world. |
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Objectives | Drive companies' climate actions by providing sectoral methodologies as an accountability framework to assess their low-carbon strategies against relevant decarbonisation pathways. |
Activities | - developing and implementing methodologies covering all high emitter’s sectors as identified by TCFD (non-financial sectors) by 2022.
-engage with the initiative key stakeholders (private sector, financial institutions, public authorities and policy makers, NGOs, other climate adaption and mitigation initiatives, academics) by opening the initiative governance, raising awareness and building capacity; - set up the legal structure to enable long-term financial sustainability of the initiative and ultimately achieve its mission. |
One or two success stories achieved | Developed, tested and implemented methodologies for Automobile manufacturing, Electric Utilities, Retail and the Building sector (both Construction and Real Estate). |
Monitoring and Impacts
Function of initiative | Implementation, Funding |
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Activity of initiative | Technical operational implementation (ex-post), Fundraising |
Indicators | |
Goals | Use of ACT ratings globally by companies, policy makers and financial institutions to track climate actions progress towards low-carbon world. |
Comments on indicators and goals | a) Performance score from 1 (lowest) to 20 (highest)
Indicators: targets; material investment, intangible investment, performance of products, management, suppliers, clients, policy engagement, business model. b) Narrative score from E (lowest) to A (highest) Indicators: business model & strategy; consistency & credibility; reputation; risk. c) Trend score as either "+" for improving, "-" for worsening, and "=" for stable Indicators: future change in emissions; business model & strategy; any other information compiled as part of score research. The highest possible score is therefore:"20,A,+" |
How will goals be achieved | Independant and sustainable initiative, globally coordinated with local implementation groups. |
Have you changed or strenghtened your goals | N/A |
Progress towards the goals | |
How are you tracking progress of your initiative | Tracked by ACT Secretariat: number of companies assessed; ACT ratings increase. |
Available reporting | You can find overall descriptions and all the sector methodologies on |
Participants
Participants | Number | Names | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Members | 136 | |||||||||||||||
Companies | 135 | According to the web-site 11 February 2020 | ||||||||||||||
Business organisations | 0 | |||||||||||||||
Research and educational organisations | 0 | |||||||||||||||
Non-governmental organisations | 0 | |||||||||||||||
National states | 0 | |||||||||||||||
Governmental actors | 1 | French Environmental Ministry | ||||||||||||||
Regional / state / county actors | 0 | |||||||||||||||
City / municipal actors | 0 | |||||||||||||||
Intergovernmental organisations | 0 | |||||||||||||||
Financial Institutions | 0 | |||||||||||||||
Faith based organisations | 0 | |||||||||||||||
Other members | 0 | |||||||||||||||
Supporting partners | 6 | ClimateCHECK, European Investment Bank (EIB), 2 Degree Investing Initiative, Climate-KIC, Fonds Francais pour l'Environnement Mondial (FEEM), EU-life. | ||||||||||||||
Number of members in the years |
| |||||||||||||||
Have only national states as participators | No |
Theme
Transport | Agriculture | Forestry | Business | Financial institutions | Buildings | Industry | Waste | Cities and subnational governments | Short Term Pollutants | International maritime transport | Energy Supply | Fluorinated gases | Energy efficiency | Renewable energy | Supply chain emission reductions | Adaptation | Other | Resilience | Innovation | Energy Access and Efficiency | Private Finance |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Yes | Yes | No | Yes | Yes | Yes | No | No | No | No | No | Yes | No | No | No | No | No | No | No | No | No | No |
Not only have national states as participators